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Flamingo

FLM speculative cup and handle confirmedMy last idea on FLM matured well enough, you'll see on 4h on this chart that the cup and handle was confirmed, and resistance turned support. Next resistance is around 0,00001, then around 0,000013. When 0,000013 is broken and confirmed there is a lot of upside on FLM. Flamingo is so far the only place where you can stake SWTH apart from dem.exchange. Speaking of dem.exchange; this is a project by Switcheo TradeHub (same team who made Zilswap for Zilliqa), and it is about to release derivatives, I bet is on this week; so far it's only in soft-launch (a released beta in a sense) this will massively boost volume on dem.exchange and I believe FLM will soon be listed there as too (since the Switceho team has worked with FLM as well). I believe SWTH will see some massive gains the coming weeks, when soft launch of dem.exchange becomes full launch with marketing of derivatives/futures. Dem.exchange will have up to 150x leverage, native BTC and ETH, USDC (just connect Ledger or Metamask and do what's needed), and close to zero transaction-fees. Volume on dem.exchange is still low and a bit under the radar, but it will rise massively I believe, partly because of its affiliation with Three Arrows Capital and other big venture-firms. Both FLM and SWTH are traditionally on NEO, but since SWTH is now on TradeHub and has it's own chain and is cross chained it is really decoupled from the NEO-system. Anyway I'm digressing here; I mention SWTH because I believe it to be one of the best projects in the crypto-space right now, especially considering the current events with trading being stopped by big capital. And since SWTH isn't possible to chart on Tradingview yet I thought I'd mention it (you can chart it on charts.cointrader.pro ) Dem.exchange is at the forefront of the decentralised world; you'll get 60% APY when staking, and 90% of trading-fees also goes to stakers. The world NEED decentralised exchanges.
by VargVemund
1
FLM breaking ascending trendline - breakout? As we saw FLM broke down on the support-trendline that became a resistance-trendline instead. Now it broke up, possibly establishing this as a support-trendline again. If this support trendline holds it's a good probability FLM will break recent resistance-levels in the ascending triangle. If recent resistance then holds as support it's likely FLM will rise against BTC. Keep in mind FLM is still dilluted with new tokens every day from staking.
Long
by VargVemund
2
✳️Flamingo/USDT (15/11) View + Trading Plan #FLM $FLMFLM is forming an Ascending Triangle pattern and this pattern could help FLM rebound in the next few days. However, FLM's selling pressure is still very strong so we need to pay attention to 0.2$ and 0.25$ zone. Currently, 0.15$ zone is temporarily considered the last support zone of FLM that we can trust. Sell immediately if this area is lost, 📈BUY- LONG -Buy close to 0.14-0.15$, stoploss if B 📉SELL-SHORT -Sell: 0.20-0.21$, stoploss if A -Sell: 0.25-0.26$, stoploss if A -Sell: 0.30-0.31$, stoploss if A ♻️BACK-UP -Sell close to 0.14-0.15$ if B, stoploss if A -Buy: 0.09-0.1$, stoploss if B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
FLM soon to break out Fast chart based on price-action alone, on daily-timeframe. FLM has since it's conception gone one way and one way only. Downwards. People were fabling about prices at around 1 bill, others thought 50 mill would be the very minimum (me included). Now it's valued at around 25 mill. Trading-volume is about 6,5mill. it's liquid, and it's a good project. But I want to mention the team behind the Flamingo-discord-channel; the Switcheo-team. Switcheo are releasing their decentralized exchange very soon ( we're talking weeks), LP's are secured, they have a FLM-SWTH-pair coming up on Flamingo. Switcheo is a great project that anyone interested in FLM will have heard about sooner or later. It will be massive, bigger than FLM I think. Sorry if this is seen as shilling, it is well meant :)
Long
by VargVemund
FlamingoStill a new coin, started in September, so finding its base but not a lot of data. After the inital problems with wallet fails on the first day of staking, they appear to be on top of issues and running on time. Next item on the timeline is Vault Phase 3 - Stablecoin Issuance - 28th of Nov 2020 - No idea what this is, guessing they will be starting a new stable coin. Interesting project, lets see if they can add some fundmental value to FLM. Back to the charts - We have seen a parabolic fall from $4.50, transition into a gradual downward wedge. - Still weak - under all MAs - Downward pressure with staking coins as people continually sell as they are earned. - Have noticed a Bullish divergence that played out on the 17th for a 10% rise - Currently have a new one presenting. - Small bounce off bottom of wedge. - If it hits the top this is about a 5% move. - Volume seems to be dropping off, less sellers or interest? - Risky trade mainly because its very new. As always take the proper risk management.
by System791
3
Chinese version of Ethereum- Neo is ready to Pump!!!Neo is like the Chinese version of Ethereum. It’s currently plowing ahead with a massive overhaul, called Neo3, which will make Neo faster, more secure, and more efficient.The Neo team also recently launched Flamingo, a full suite of DeFi tools built on the Neo network. Flamingo is like Yearn.Finance, Compound, Maker, Synthetix, Perpetual trading, Ren, Curve, and Uniswap all rolled into one. If you don’t know what each of those projects do, don’t worry. Just know Flamingo is built as the first full-stack DeFi services protocol. According to Flaming Finance, the crypto community was so excited about the platform’s launch that $1.6 billion worth of assets flowed into the network by the end of September. And much of this influx was thanks to Neo’s Poly Network alliance. The Poly Network is a new protocol alliance formed to facilitate cross-chain transactions between blockchains without needing to issue new tokens. Neo, Ethereum, Ontology, and Cosmos are part of this alliance, and there are plans to add bitcoin as well. Flamingo’s launch is a massive endeavor in the sense that there is currently no one-stop solution built on top of Ethereum. And Flamingo will be a game-changer for NEO token holders as more assets are pulled from Ethereum to its platform.
BITFINEX:NEOUSDLong
by ShinForex1